Tag: teen shoppers

Restaurants, Footwear Retailers to Target Free-spending Teens

"Piper Jaffray recently completed its 37th semi-annual Generation Z survey of 8,000 U.S. teens. Overall, it found that teens claim they spend approximately $2,600 per year, a 1% year ‑over-year raise and a 6% compared to last fall."

Teens Command $75 Billion of Discretionary Spending

Michael Kors remains the No. 1 preferred handbag brand among teenagers, eclipsing Coach‰Ûªs peak share in 2012. The Piper Jaffray Survey of 6,200 teens indicates optimistic economic views among the teens, with an average age of 16.3 years. Females are slightly less optimistic than their male counterparts.